First Solar (FSLR) sold a 230-megawatt California solar farm to Exelon (EXC) for $1.36B - and...

|By:, SA News Editor

First Solar (FSLR) sold a 230-megawatt California solar farm to Exelon (EXC) for $1.36B - and another 550-megawatt project to NextEra and GE for an undisclosed price - after its U.S. loan guarantees got OKs under the wire today. The Energy Dept. approved $4.75B in guarantees for four projects (including those of ProLogis and SunPower (SPWRA)) on the final day of a 2005 stimulus program. After hours: FSLR +0.5%. (earlier)